m******y 发帖数: 200 | 1 1.Consumer credit quality stabilizing;psychology shifting
2Q bank results showed consumer credit delinquency stabilizing, which should
drive better credit loss trends in quarters ahead. This is of course key for
Citi and its large portfolio of mortgage and other consumer debt. With
crisis largely past for Citi, the psychology on the company is changing.
2.Technical risks have passed
On July 30, Citi converted $58bn of Preferred to Common, quadrupling share
count and doubling float (some shares, |
|